Questions and Answers: Cranbrook Lease Extensions

  • I’m just looking for a garden flat to purchase in the Cranbrook area and was curious how much would it cost to extend a lease? It has 65 years as a balance left...
  • I purchased a garden flat located in Cranbrook with a leasehold unexpired of fivety eight years. I am curious about what I will need to spend to extend my lease
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • Think I may have made an error, I am seeking a property lawyers in Cranbrook who has Leasehold Tribunal expertise in relation to lease extensions. Are you able to assist me with?
  • I an interested in finding out more about leasehold property buying. We plan to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Cranbrook area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?
  • My partner and I have owned a leasehold flat for about fifteen years. It now has 60 years outstanding on the lease. Following a year of protracted negotiations through my property lawyers and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to a Tribunal and would appreciate some independent thoughts.
  • We are are hoping to complete on a ground floor flat in Cranbrook which has share of freehold and a leasehold. The lease was starting to get low so the vendor is in the process of dealing with a lease extension. The seller has submitted the lease extension paperwork to HMLR. A crucial aspect of the conveyancing process is for our solicitors to do a pre-completion search on the lease. The problem here is that as a lease extension has been submitted we've been told by our conveyancing practitioners it may not be possible to do this "priority search" right now as the new property title number is not known. Is it right that we have to be patient pending registration of the new lease?
  • My friend is worried about getting a lease extension from tricky freeholder. Regardless of the fact that the legal procedures were adhered to under the 1993 Act, the landlord still tried to charge ground rent of £200 increasing by 100% every twenty years of the new term. Can you assist?
  • We currently own a ground floor flat in Cranbrook and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has seventy four years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Do you have some advice on this? Do I contact the freeholder first and will they be able to give me a cost?
  • I have a lease of seventy nine years remaining on my flat in Cranbrook. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
  • Other Topics

    Lease Extensions in Cranbrook

    Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Cranbrook